"In-house counsel are often asked to perform business functions in addition to their legal duties. Frequently, in-house counsel are also officers or directors of the company. Often they perform legal functions for a family of affiliated companies, some of which may be bought or sold over time. While this blending may result in a streamlining of positions and decision-making, it poses risks for both in-house counsel and the corporation."
Region:
United States
Interest Area:
Compliance and Ethics